Compliance and data analytics company SteelEye has launched its holistic communications and trade surveillance solution.
The new service is fully integrated with its existing records and data analytics platform. Through the new tools, enterprises will be able to meet compliance with regulations like MAR/MiFID II, while accessing intelligent insight into the underlying data and mitigate risk.
Its new communications and trade data surveillance solution will enable institutions to consolidate an array of data sources which will help compliance obligations but also act as an informed assessment of trade and communication records.
The enhanced platform enables regulatory reporting, lexicon-based communication analysis, and intelligent data search across all sources. Through historic analytics, the company is able to identify the impact of rule generation in advance, empowering teams to adjust surveillance rules and lower false positives.
Automated alerts help compliance teams to identify and resolve risks quickly, with a fully auditable case manager available to track and monitor queues.
In addition to protections, SteelEye offers business analysis powered by data relationships and behavioural analytics, helping to improve business performances.
By integrating with the existing SteelEye platform, the company offers transaction reporting, record keeping, trade reconstruction, best execution, communications & trade surveillance and data analytics in a single location.
SteelEye CEO Matt Smith said, “We are excited to announce the launch of our cutting-edge trade and communications surveillance solution. Ensuring compliance with the ever-expanding international regulatory landscape is a complex business for financial firms.
“By truly consolidating all of your firm’s data into a single location, we are able to provide our clients a truly holistic compliance answer. SteelEye helps you simplify some of the complexities of regulatory conformity, consolidate data and systems and save money.”
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